Projects /

Rosario Project

Overview

Located in historical mining district of Charcas, San Luis Potosi, includes the Rosario Mine, Membrillo Prospect and Cinco Estrellas Property

Has good infrastructure (road access, water, power and skilled labour nearby)

Current primary source of mill feed is the Membrillo Prospect, a mesothermal, low sulphidation polymetallic vein system of Ag, Au, Zn and Pb that carries to surface

500 tpd milling capacity

The production decision was not based on a feasibility study of mineral reserves demonstrating economic and technical viability. Accordingly, there is increased uncertainty and economic and technical risks of failure associated with this production decision. Production and economic variables may vary considerably, due to the absence of a complete and detailed site analysis according to and in compliance with National Instrument 43-101. The risks associated with this decision are set forth in the "Risk Factors" section of the Company's most recent Annual Information Form, filed on SEDAR.